Wall Street Media presents exclusive video of Rich Gordon, the highly regarded Fixed Income Market Strategist of Wells Fargo Securities (NYSE: WFC), on two major factors that have driven markets over the past few months. Notably, U.S. data results for real GDP reflected a better than expected growth rate of 2.5%. While nominal GDP data reflected an astounding 5% growth rate.

Similarly, residential and commercial Real Estate prices indicate some economic improvement. The outlook for the U.S. was less favorable than the data reflects. Another factor driving today’s market is the Euro Zone debt crisis.

Although the expectation is that a comprehensive solution will be reached, details on such initiatives are lacking. According to Gordon, October has proven one of the best performance months, ever, for many risk assets. However, Gordon poses the question, “Is it really all clear for going all in on risk assets just yet?”

Between the Italian sovereign bonds still trading poorly and the Euro Zone debt crisis, Gordon cautions that risk assets are still just that, a risk. Gordon then examines if US Treasuries (NYSE:TLT) are a safer haven than Corporate Bonds.

Please visit the following link to view the video:

http://www.wsmco.com/show.aspx?1772_Market_Summary

To view Wall Street Media’s thoughts on The St. Joe Company (NYSE:JOE), as well as photos we personally took of JOE properties throughout Florida in the past few weeks, please visit:

http://www.wsmco.com/show.aspx?1773_Impressed_By_The_St._Joe_Company

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